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Stock impact report

Marvell Technology (MRVL) Laps the Stock Market: Here's Why [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
This move outpaced the S&P 500's daily gain of 1.03%. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq increased by 1.19%. Prior to today's trading, shares of the chipmaker had lost 5.7% over the past month. This has lagged the Business Services sector's loss of 3.42% and the S&P 500's loss of 1.57% in that time. Analysts and investors alike will be keeping a close eye on the performance of Marvell Technology in its upcoming earnings disclosure. On that day, Marvell Technology is projected to report earnings of $0.23 per share, which would represent a year-over-year decline of 25.81%. In the meantime, our current consensus estimate forecasts the revenue to be $1.15 billion, indicating a 12.9% decline compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.35 per share and revenue of $5.26 billion, indicating changes of -10.6% and -4.56%, respectively, compare Show less Read more
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